Overview
Description
The WT Euro Stoxx 50 3x Daily Short Fund is a specialized leveraged Exchange-Traded Fund (ETF) designed to provide investors with a daily threefold short exposure to the Euro Stoxx 50 Index. This index comprises 50 of the largest and most liquid stocks in the Eurozone, covering diverse sectors such as finance, consumer goods, and industrials. The primary purpose of this fund is to render high-frequency traders and market participants the potential to profit from downward movements of the Euro Stoxx 50 Index on a daily basis.
This fund is particularly utilized by traders looking to capitalize on intra-day market volatility and directional short strategies. It employs financial derivatives, including swaps and futures, to achieve its magnified short exposure, making it essential for users to understand the potential for substantial gains as well as significant losses, particularly if held beyond a single trading day. The WT Euro Stoxx 50 3x Daily Short Fund plays a unique role in the market as a tactical tool for risk management and speculative strategies, allowing for specialized approaches to leveraging market downturns in the Eurozone.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL